Ingenia Communities Group

INA: XASX (AUS)
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Ingenia: Private Equity Ups Takeover Offer by 4%

Ingenia received an improved conditional, nonbinding, indicative proposal from private equity firm Warburg Pincus. The offer is for 100% of Ingenia's securities via a scheme of arrangement for AUD 5.25 cash per stapled security, less any dividends. Ingenia's board is considering the offer.

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